Noumed Life Sciences Limited

Noumed Life Sciences Ltd, based in Maidenhead, UK, is a large holding company with an active status, established eleven years ago. Employing 120 people and boasting assets of £21,069,663, the company operates from a real address and is overseen by four directors and one owner. It has a solid 4.0 Google rating based on nine reviews. Noumed is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 87 months of import activity and 7 months of export activity recorded.

The company’s website paints a picture of a pharmaceutical manufacturer and distributor. Noumed Life Sciences focuses on manufacturing, packaging, quality control, and warehousing, with a particular emphasis on meeting regulatory standards and providing high-quality products. They operate a network of CMOs globally, offering diverse dosage forms. The site highlights a commitment to uncompromising quality, integrity, and service, catering to both commercial and industrial customers.

Financially, Noumed Life Sciences Ltd demonstrates a mixed performance. While current assets increased by 13% to £21 million, net assets decreased by 13% to £19 million. Bank borrowings decreased by 10% to £11 million, and cash reserves increased by a significant 290% to £810,000. Creditors decreased by 18%, suggesting improved debt management. Staff costs increased by 25%, reaching £6.8 million, and net losses deepened to -£9.6 million. The company meets the criteria for a large company, having turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The accounts were audited by MGI Midgley Snelling LLP.

The trends suggest Noumed is navigating a challenging environment, likely facing increased operating costs and potentially heightened competition. The company’s focus on quality and regulatory compliance, combined with its established network of CMOs, positions it well for long-term success, but careful management of its financial position will be crucial.

Registered in England/Wales under the registration number 08730222, with a registered address at SL6 2RB, England, Maidenhead, Noumed House, Shoppenhangers Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.